About Fairer finance
Fairer Finance: Creating a Fairer Financial Services Market for Consumers and Businesses
Fairer Finance is a company that is dedicated to creating a fairer financial services market for both consumers and businesses. The company was founded in 2014 by James Daley, who has been working in the financial services industry for over 15 years. He saw firsthand how the industry was failing consumers and decided to do something about it.
The mission of Fairer Finance is to help people make better decisions when it comes to their finances. They do this by providing independent ratings and reviews of financial products, as well as offering advice on how to manage money more effectively.
One of the main problems with the financial services industry is that it can be very confusing for consumers. There are so many different products available, each with its own set of terms and conditions. This can make it difficult for people to know which product is right for them.
Fairer Finance aims to solve this problem by providing clear, unbiased information about financial products. They use a range of criteria when rating products, including cost, customer service, transparency, and trustworthiness.
Their ratings are based on extensive research into each product category. They look at things like fees and charges, interest rates, terms and conditions, customer feedback, complaints data from regulators such as the Financial Conduct Authority (FCA), and other factors that affect consumer outcomes.
In addition to their ratings system, Fairer Finance also offers advice on how to manage money more effectively. This includes tips on budgeting, saving money on bills such as energy or insurance premiums; investing wisely; managing debt; planning for retirement; protecting against fraud or scams; understanding credit scores; choosing an appropriate mortgage or loan product etc.
They also provide regular updates on changes in regulation or legislation that may affect consumers' finances - such as new rules around payday loans or overdrafts - so that people can stay informed about what's happening in the financial services market.
Fairer Finance is committed to transparency and independence. They do not accept any advertising or sponsorship from financial services companies, so their ratings and advice are completely unbiased. This means that consumers can trust the information they receive from Fairer Finance to be accurate and impartial.
The company has received widespread recognition for its work in promoting a fairer financial services market. They have been featured in national newspapers such as The Guardian, The Times, and The Independent; on TV programmes such as BBC Newsnight; and on radio shows like BBC Radio 4's Money Box.
Fairer Finance has also won several awards for its work, including the Consumer Champion Award at the 2018 Moneyfacts Awards; Best Financial Website at the 2017 Good Web Guide Awards; and Best Use of Social Media at the 2016 Financial Services Forum Awards.
In conclusion, Fairer Finance is a company that is making a real difference in the financial services industry. By providing clear, unbiased information about financial products and offering advice on how to manage money more effectively, they are helping people make better decisions about their finances. Their commitment to transparency and independence means that consumers can trust them to provide accurate information that will help them achieve their financial goals. If you're looking for help with your finances or want to stay informed about changes in regulation or legislation affecting consumers' finances - then Fairer Finance is definitely worth checking out!